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Press Release

Baker Tilly Expands in California’s Silicon Valley with Acquisition of Brown Adams Agbayani

CHICAGO and MOUNTAIN VIEW, Calif., (Nov. 18, 2020) – Leading advisory, tax and assurance firm Baker Tilly US, LLP (Baker Tilly) announces its intent to acquire Brown Adams Agbayani, LLP, a Silicon Valley-based accounting firm specializing in complex tax strategies for private businesses and high net-worth clients in the technology industry.

“We admire how Brown Adams Agbayani has carved out its space and engrained itself into the fabric of this unique market,” said Stephen Milner, Baker Tilly Managing Partner – Western U.S. “Combining that with Baker Tilly’s own expertise, we can truly broaden the reach and range of solutions for this clientele.”

Serving Silicon Valley and the technology industry requires deep expertise and a strong local presence and network. With a 40-year presence in Silicon Valley and a reputation for providing sophisticated tax strategies for its clients, Brown Adams Agbayani has both.

“We’re proud of our history, and our commitment to the Silicon Valley and Bay Area will continue,” said Holly Wong Agbayani, co-managing partner at Brown Adams Agbayani. “Joining Baker Tilly strengthens our capabilities to serve our clients’ sophisticated and multifaceted needs.”

Baker Tilly continues to establish its presence in California, the fifth largest economy in the world, following its recent combination with Squar Milner, LLP, with 8 office locations, including one in the Silicon Valley (Campbell), up and down the coast. Effective Nov. 1, the combination of Baker Tilly and Squar Milner created a coast-to-coast advisory CPA firm, now ranked as one of the Top 10 firms in the U.S.

“This combination provides exciting opportunities for our team members. In our interactions alone, we can see what a strong culture Baker Tilly has and how beneficial this will be for our colleagues now and in the future,” said Norleen Bounds, co-managing partner at Brown Adams Agbayani.

The anticipated effective date of the deal is Jan. 1, 2021.

In the past 24 months, Baker Tilly also expanded into Texas and bolstered its capabilities with several strategic acquisitions in data analytics, municipal advisory, global forensic accounting, valuation and litigation services, and outsourced accounting.

About Baker Tilly US, LLP (bakertilly.com)

Baker Tilly US, LLP (Baker Tilly) is a leading advisory, tax and assurance firm, providing clients a genuine coast-to-coast and global advantage with critical mass and top-notch talent in major regions of the U.S. and in many of the world’s leading financial centers – New York, London, San Francisco, Los Angeles and Chicago. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 146 territories, with 36,000 professionals and a combined worldwide revenue of $3.9 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter

Baker Tilly US, LLP is a member of the Baker Tilly International network, the members of which are separate and independent legal entities. Baker Tilly refers to the global network of accounting firms of Baker Tilly International Limited. Baker Tilly International Limited does not provide services to clients.

About Brown Adams Agbayani, LLP (brownadams.com)

Brown Adams Agbayani, LLP is a public accounting firm in Mountain View, California. Since 1980, Brown Adams Agbayani has delivered tax, accounting and financial statement services to individual, corporate, nonprofit, partnership, limited liability companies and fiduciary clients, with a focus on private businesses and high net worth individuals, trusts and estates.